EOS (EOS) Trading Down 1.4% Over Last Week

EOS (EOS) traded 1.9% lower against the U.S. dollar during the 24-hour period ending at 8:00 AM E.T. on October 24th. One EOS coin can currently be purchased for about $0.47 or 0.00000694 BTC on exchanges. EOS has a market capitalization of $710.00 million and $65.45 million worth of EOS was traded on exchanges in the last day. Over the last week, EOS has traded down 1.4% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• TRON (TRX) traded 2.1% higher against the dollar and now trades at $0.16 or 0.00000243 BTC.
• BitTorrent-New (BTT) traded up 0% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded up 0.1% against the dollar and now trades at $0.67 or 0.00000994 BTC.
• Terra Classic (LUNC) traded down 1.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.8% lower against the dollar and now trades at $0.36 or 0.00000541 BTC.
• Terra (LUNA) traded down 0.3% against the dollar and now trades at $0.36 or 0.00000539 BTC.
• Lisk (LSK) traded down 1.6% against the dollar and now trades at $0.80 or 0.00001194 BTC.
• Ark (ARK) traded down 0.4% against the dollar and now trades at $0.54 or 0.00000799 BTC.
• USDX [Kava] (USDX) traded up 1.4% against the dollar and now trades at $0.60 or 0.00000898 BTC.

EOS Profile

EOS (EOS) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 26th, 2017. EOS’s total supply is 2,100,000,000 coins and its circulating supply is 1,522,916,413 coins. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. The official website for EOS is eosnetwork.com. The official message board for EOS is eosnetwork.com/blog.

According to CryptoCompare, “EOS is a decentralized platform for developing and executing decentralized applications. The platform is designed to solve scalability and usability issues that exist in many blockchain-based systems. EOS features a delegated proof-of-stake consensus algorithm that allows token holders to vote for block producers. The EOS token is the native cryptocurrency of the EOSIO blockchain platform, and it is used to power the EOSIO software and pay for transaction fees and resources on the network. EOS was created by Dan Larimer, the founder of other blockchain-based platforms such as Bitshares and Steem, and developed by Block.one, a company based in the Cayman Islands.”

Buying and Selling EOS

It is usually not currently possible to purchase alternative cryptocurrencies such as EOS directly using U.S. dollars. Investors seeking to trade EOS should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase EOS using one of the aforementioned exchanges.

EOS/USD price chart by TradingView